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Closure of LLP
@  ₹4,999*

In just 5 days

In any city of India

Fast and easy online process

Less paperwork & timely updates

*Professional fees

LLP Colsure

Closure of LLP

If the LLP wants to close down its business or where it is not carrying on any business operations for a period of one year or more, it can make an application to the Registrar of Companies for declaring the LLP as defunct and removing its name from the register of LLPs.

What are the documents required?

The documents required for closure of a private limited company are listed below:

Statement of assets and liabilities

LLP Agreement

DSC of all the partners

Bank account closure letter

How it works

Consultation

Schedule a free consultation call with our experts to discuss your business needs and goals. Our team will provide personalized advice on the legalities, compliance, mandatory filings and services for your specific requirements.

Documentation

We help you gather, prepare, and verify all necessary documents. Our comprehensive checklist and expert guidance ensure that your paperwork is complete and accurate, reducing delays and complications.

Processing

Once your documents are ready, we handle the entire compliance process. Our team keeps you informed with regular updates, ensuring a smooth, stress free and transparent experience from start to finish.

Completion

Achieve Milestones Effortlessly as you receive your filing status of your e-forms and other mandatory documents promptly. Our full support ensures you to complete the ROC filing of your Company successfully.

Ongoing Support

Stay compliant and stay confident with Let's Start by your side. Our comprehensive corporate compliance services ensure your business adheres to all legal requirements, allowing you to focus on growth and success.

Our Clients love us!

Sekhar Vasireddy

Director

KR Aerospace Systems Private Limited

"I represent KR Aerospace. We have taken the support of Letsstart team in our startup registration services. Excellent support and was through and through a smooth flow. Saurabh is our point contact. He is very knowledgeable of the processes and has taken us through the requirements and submission very effortlessly. Many thanks for the wonderful experience, keep up the good work."

The Fastest, Easiest, and Most Comprehensive Way to Set Up Your Business Online.

LLP Closure

Frequently Asked Questions (FAQs)

  • What is a DIN?
    DIN is an eight digit unique Director Identification Number, with a life time validity, allotted by the Central Government to any person intending to be a Director or an existing Director of a Company.
  • What is a DSC?
    A Digital Signature Certificate (DSC) is the digital equivalent (electronic format) of physical or paper certificate. Digital signatures provide the highest levels of assurance about the signer's identity and the authenticity of the documents they sign.
  • Is a Company required to re-register in the future?
    No, a Company is not required to be re-registered. A Company has perpetual succession, which means it enjoys continuous existence as long as the Company complies with the statutory and regulatory filings.
  • Can a home address be used as the registered office address of the Company? Is it possible to change the address after incorporation?
    Yes, a home address can be used as the registered office address of the Company, which can also be changed after incorporation.
  • What is ROC?
    The Registrar of Companies (ROC) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of Companies and Limited Liability Partnerships in India.
  • Are the Directors or Shareholders required to visit the ROC for the incorporation of their Company?
    The entire incorporation process is completed online. The incorporation documents are filed electronically and don’t require the Directors or Shareholders to visit the ROC physically.
  • Are their any rules to choose the Company name?
    There are certain naming guidelines put in place by the Registrar of Companies, which are required to be followed. Abiding by the guidelines ensures easy approval of the name.
  • Can I work in a company as a salaried employee and also be the Director of my own Company?
    Yes, an employee of a Company can also be a Director in another company. However, the terms of the employment/service agreement/appointment letter have to be checked to ensure there are no restricting clauses.
  • What is the minimum capital requirement for incorporating a Company and how is it invested in the business?
    There is no specific minimum capital requirement for incorporating a Company. The capital must be deposited by the Shareholders in the bank account of the Company for running the business.
  • Can NRIs or foreign nationals incorporate a Company in India?
    Yes, NRIs or foreign nationals can incorporate a Company in India. However, the Act requires at least one of the Directors to be an Indian Resident.
  • What is the meaning of limited liability?
    Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their Company’s debts or financial losses. It is the condition by which shareholders are legally responsible for the debts of a Company only to the extent of the nominal value of their shares.
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